Starknet is filled with airdrop hunters before launch: report it
The highly anticipated Airdrop from Ethereum's layer-2 scaling solution, Starknet, can be purchased by Airdrop farmers.
According to a February 15 report by Yern Finance developer Banteg, the following Monday, 1,854 individuals changed or deleted their accounts after a blockchain snapshot was taken for Starknet Weather. The Starknet Foundation will allocate 700 million STRK tokens to 1.8 billion to 1.3 million eligible wallet addresses on February 20, with 50% of the tokens going to protocol users.
However, citing GitHub data, Banteg found that of the 1,854 suspected accounts, 1,175 have the same historical GitHub ID as the GitHub IDs that were allegedly changed, reducing the number of wallets that need to exclude such accounts from weather snapshots by 701,544.
“Half of the names are crushed, but the scooters don't stand a chance. I personally guarantee that you will steal zero coins from real divs,” he wrote.
Airdrop hunters want to make money by farming airdrops, thinking they will be useful. Professional airdrop hunters use scripts to consolidate many different addresses into just a handful. Last March, it was revealed that airdrop hunters at the time Arbitrum (ARB) airdropped $3.3 million worth of tokens from 1,496 wallets into two wallets they controlled.
Launched in December 2022, Starknet currently has $55 million in total value locked (TVL), with decentralized financial protocol Nostra accounting for 30% of TVL's volume.
Ethereum sole and liquid stakes, Starknet developers and users, as well as projects and developers outside the Web3 ecosystem will be eligible for the airdrop. However, the airdrop is not available for claim by any US and UK persons or entities, nor by nationals of countries authorized by the US Treasury's Office of Foreign Assets Control.
Related: Arbitrum airdrop sees 1,500 addresses merge $3.3M into two wallets